How the HCA sells land

Once the HCA owns a public land site it will either sell it on the open market immediately, or invest in the site to make it more suitable for development – for example by cleaning up any chemicals in the ground from past industrial use, or agreeing planning permission with the local council. This should make sites more valuable for the taxpayer and more attractive to house builders and other developers, because they can build on it more quickly.

Each site is either sold on the open market through traditional tender competitions, or the HCA selects a developer for the site through its Delivery Partner Panel. Sites are also advertised for sale in the Official Journal of the European Union and in other property magazines.